Out of Business


in Business Loans

Out of Business


in Business Loans

SuperMoney Net Recommendation Score -13% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Mostly not recommended

3 users recommend
1 users are unsure
4 users don't recommend
Cast your vote
Cast your vote

Would you recommend Dealstruck to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend


Dealstruck is a peer-to-peer lending platform that provides affordable medium-term loans for small to medium-sized businesses. The San Diego company was launched in 2012 and provides a similar service to Lending Club and Prosper but specializes in established companies that don't quite qualify for traditional bank business loans but shouldn't have to resort to expensive short-term business loans.

How Does DealStruck Work?

Dealstruck offers businesses three types of loans depending on their characteristics and needs: business term loans, revenue secured term loans and asset based lines of credit.

Business term loans are the traditional lending format we are all used to with the best of crowd-sourcing, which allows for more favorable loan terms.

Revenue secured term loans are a good solution for companies with little in the way of assets and profitability that still want low interest rates. It requires companies to direct all their revenue to a bank account managed by Dealstruck where a reserve of three to six months of loan payments is built up. Once the reserve amount is reached any surplus after the current month loan payment flows back to the business' bank account. This reduces the risk for lenders and lowers interest rates.

Asset based line of credit is an attractive option for businesses with considerable assets in accounts receivable that are looking for more reliable cash flow. The business submits their accounts receivable to Dealstruck which calculates a borrowing base using the outstanding invoices as collateral. This provides security to investors and better rates for borrowers.

What Are DealStruck's Interest Rates?

Interest rates vary widely depending on loan type but range from 10% to 38%.

How Much Money Can I Borrow from DealStruck?

Business term loans and revenue secured term loans have a maximum loan amount of $250,000. The maximum loan amount on asset based lines of credit depends on the annual revenue of the company.

What Is the DealStruck Application Process Like?

Business must apply online by posting a loan request with details on the loan amount, term and intended use of the funds. If the business meets Dealstruck's requirements, the loan request is posted for up to 30 days. To qualify companies must be profitable, have annual sales of at least $250,000 and at least one year in business.

Borrowers have to provide a minimum of three months of detailed bank statements by either giving Dealstruck access to their business bank accounts or by uploading the documents manually.

If investors fully fund the loan, the funds are transferred to the borrower's bank account minus a 2 to 5 percent origination fee charged by Dealstruck.

How Is DealStruck Better than Other Lenders?

Dealstruck provides low interest loans that compete favorably with traditional bank loans and leading peer-to-peer marketplaces, such as Lending Club and Prosper. However, other peer-to-peer marketplaces have much lower loan amount limits. Dealstruck also offers longer repayment terms and an all-digital application process, which allows for more flexible terms and a simpler application process.

Although less stringent than banks, Dealstruck still is selective about which companies it does business with, which allows them to offer competitive rates. Therefore, many startups and companies with modest annual revenues will not qualify for a loan. is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...


  • Headquarters
  • 1901 Camino Vida Roble
    Suite 120
    Carlsbad, CA 92008 USA
  • (855) 610-5626


Available in 50 States and Washington, DC
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Revenue
Business Loan Type
  • Unsecured Term Loan
  • Secured Term Loan
  • Line Of Credit
Intended Use of Funds
  • Equipment Purchase
  • Lease Improvements
  • New Location
  • Product or Service Expansion
  • Working Capital
Approval Speed (Hours)
Loan Amount
$50K - $250K
$25 $1M+
Loan Term (Months)
Up to
10% - 38%
0% 100%+


Would you recommend Dealstruck to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Business Loans